Had a pipe blowout almost three months ago. Kitchen and basement are torn up from the water remediation and the insurance company has not yet given the go-ahead for the repairs. Tenants have put rent in escrow until ...
How often do you require a home warranty on your purchases?
Recently we had a minor sewer backup, which soaked the carpet pad but didn't leave any standing water. We hired a pro water remediation company and asked them to remove dry wall, base boards, carpet, and drop fans, de...
If flipping is a bad tax strategy or one of the worst RE strategies as far as taxation, how DO you make money by flipping? I have read many different posts that talk about how if your goal is to minimize taxes, flipp...
I have a rental that is on propane. Tentant is pretty decent, however, forgets to check the propane tank and has run it empty 2x now. Broken pipes this time have cost me some money. I am considering having this setup ...
I'm a relative novice investor but I have done several flips and currently have one rental. I do my own taxes but have always struggled with where/how to expense mileage to and from the properties I'm working on. I ...
For all the flippers out there or tax pros.... What are the income tax considerations related to house flipping ? Specifically how is the gain or loss on the ultimate sale calculated is it ( my purchase price plus r...
Hello I live between Austin San Antonio and rents are going up for SF homes to rent.I am spending 1900.00 a month between storage & apartment now and have been doing this for awhile.Pre owned homes are selling @re...
Should I reimburse them?
I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...